Lake Area Bank
Status: | Inactive as of 11/09/2022 |
Merger - Without Assistance | |
Successor Bank: | First Resource Bank |
Headquarters: | Lake Area Bank 12790 N 1st Ave Lindstrom, MN 55045 |
Established: | 10/22/1915 |
FDIC Insurance: | 01/01/1934 |
FDIC Cert: | #1390 |
Charter Class: | Commercial bank, state charter and Fed nonmember, supervised by the FDIC |
Total Assets: | $149,191,000 |
Total Deposits: | $118,071,000 |
History
1915-10-22 | Institution established: Original name:Security State Bank of Lindstrom | |
1988-01-04 | Changed name to Lake Area Security Bank | |
1993-01-01 | Changed name to Lake Area Bank | |
2022-11-09 | Merged into and subsequently operated as part of First Resource Bank (58039) |